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The international journal Art & Auction asked this question in 1988, one year after Black Monday, and answered “No.” In the wake of the 2008 economic crisis, what’s the answer now?

The authors of Corporate Art Collections, co-published by our sister imprint Lund Humphries and Sotheby’s Institute of Art, demonstrate that corporate art collecting is alive and well, despite rumors to the contrary. An art collection can form an integral part of the cultural policy of any business, large or small, and can serve as an investment or asset diversification as well. Corporate Art Collections explores the collecting practices of international firms, including JPMorganChase, Monsoon and Progressive Insurance, and also provides tips on starting a collection.

Is it time for your firm to start or expand an art collection?

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